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of those drugs. fox's brenda buttner has more. >> certain websites may be hazardous to your health, the fda cracking down on thousands of online pharmacies selling fake drugs and not just to folks like you and me, but to medical professionals as well. lisa gill is the prescription drugs editor for consumer reports. she says approximately 1.7 million people use online pharmacies, but the counterfeit drugs they could be selling carry a very big risk including medication that is watered down. >> so it's not really effective as you would expect it to be and that could be pretty dangerous for particularly medication you need in your system over a long period of time. >> reporter: some of the drugs seized by the fda, viagra, accutane and generic tamiflu which contains the wrong active ingredient. gill says if a site doesn't require a prescription, it's probably bogus. also watch out forsyths that don't let you speak with a -- for sites that don't let you speak with a pharmacist, don't have an address in the u.s., aren't addressed on the usda's websites and have price as to good to be true. many
, are promises of massive tax hikes, taxing the jobs market? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, bulls and bears this week, gary b smith, tobin smith, jonas max ferris, along with julian epstein and larry, talk about future tax hikes, holding back a jobs recovery? >> that's right, that's right, brenda. well, you know, certainly for consumers that are work being that have 401(k) plans they may be feeling more confident these days, but their employers don't share the optimism. they're worried what's ahead and what's ahead are future tax increases, for small business owners still, these are people that own delis and dry cleaners and pave your driveways, not fat cats and million fairs and billionaires, they're average work people and concerned about the environment. and national independent business owners a record number of people. a bad time to start a business and a bad time to hire people. and that's not going to inspire jobs in this country, which is exactly what we need right now. >> okay, clearly larry is not excited about this. julian, what do you sa
overall plan. and more on the pamphlet later. and is governor romney's call right or wrong? i'm brenda buttner, it's bulls and bears. we've got gary b smith. tobin smith. jonas max ferris along with tim la camp and steve murphy, welme, everybody. okay. the folks at forbes will tackle the pamphlet plan in one hour, fair and balanced. what about the plan to overhaul the tax code. what is it going to mean for jobs. >> i think it's going to be great for jobs. ovrhauling the taxes is the thing that the governor and hopefully president romney can do. and incents, if that's a word, every individual and corporation out there. provides a path of what they're going to do, what they're ing to pay and if it's simplified and overhauled, it will get rid of hopefully a lot of the special interests, whic takes the government out of the intervention and provides a clear playing field for everyone. this could turn around our economy, if done soon and done right. >> brenda: jonas, we don't know exactly what kind of overhaul we would get and isn't that adding uncertainty? wouldn't that keep people from hi
jobs swinging back in the right direction, hi, i'm brenda buttner and this is bulls and bears. here they are, the bulls and bears, we have got tobin smith, jonas max ferris, and, gary kontbalm, gary, what are those guys doing right. >> helping and letting businesses flourish. i'm in florida, a billion dollar tax cut to business over three years, great economic development agency that helps business like other states than california, which raises taxes and takes money out of the economy and puts it into the government's hands, which is huge for a state like that and florida is getting its act in gear. >> what do the candidates have to learn from these governors? neither one of them has exactly the same policies. >> the first thing we can learn is five out of the 7 governors in the swing states are republicans. so, a lot of the macro republican policies seem to be working at the state level, and, rick talked about florida but look at wisconsin, scott had to go up against the recall to get collective bargaining with the unions, and, john kasich, the same in ohio and, he has gone out an
in the right direction, hi, i'm brenda buttner and this is bulls and bears. here they are, the bulls and bears, we ve got tobin smith
to small bis and who is lingering at the bottom. brenda buttner is here with rankings. >> you know the common phrase home sweet home. during these tough types where business calls home means a lot. businesses drawn to certain states bring much needed jobs and help wanted signs. taxes are among the biggest reasons firms pick one state over another. the ranking i'm talking about today is relevant especially with the national unemploy hadn't rate is stubbornly near 8% for so long. think tanks look at how taxes impact individuals but what about the job creators? what makes a business decide to make a state its own. the tax foundation added up over 100 tax provisions and looked at a state's tax code and whether it helps or hurts businesses and made an apples to apples comparison among the states. the top five florida, alaska, nevada, south dakota and number one wyoming. what do they have in common? many do not have statewide taxes such as personal corporate income tax or sales tax. the top three have no corporate individual income taxes. at the bottom of the barrel when it comes to taxe
and highways. numbers of cars and trucks on the road can tell you a whole lot. joining us is brenda buttner, anchor of bulls and bears. this was a pretty interesting piece by a writer at the "washington post". is he right. are trucks and cars a good gauge of the economy? >> if you take a look at the economy there are essentially two sides of the coin, there is demand and supply. if you say cars are on the demand side, people buying what they want, what they need and enjoy. trucks might be the supply side. they are constructed to provide these things, to get them from here to there. it does make a good sense of the economy. it can give a good gauge of how we are doing. >> no demand, of course, they say there is no supply. so supply and demand right now a little bit out of whack? >> yeah, they should be in whack. that is what a good economy would be, right now they aren't. car sales are very brisk. in fact, light trucks and auto sales, this month highest level of march of 2008. we know at this time of the year there are incentives and people try to move inventory. but on the supply side. big
overnight, after passing a four-year high one day earlier. what is behind the dramatic surge? brenda buttner, fox news business correspondent is here. let me throw out a couple of other figures. an average of 46 cents up over the last four day, including a record 19 cents joust friday, according to triple-a, that's 50 cents more than last week. what is going on? >> incredibly dramatic numbers. the basic thing is a temporary reduction in supply. we have seen an exxon mobile refinery close that is up again, that may bring the price down. we saw a chevron pipeline that pumps crude oil from southern to northern california, shut down. and then there is the issue of cleaner-burning fuel in california. basically, it can't use fuel from other states. so it is in essence, an independent market, a very volatile and fragile one. so refineries have stopped producing a lot of gas because they're are switching over to the winter blend. there are a lot of things that are unique to california. it used to be said that if come sneezes, the rest of the nation catches a cold. right now, i don't think that's goi
steps in order to help increase supply and decrease prices. senior business correspondent brenda buttner with the news. >> harris, big time gas paints in california and prices at the pump jumping to all time highs. why? a shortage of supply, part of the problem that refinery temporarily powering down and a pipeline carrying crude shutting down. plus, inventories low as refineries get ready to switch it a winter blend of fuel, that leads to one reason why california in many ways is a market unto itself. and a fragile volatile one at that. so many regulations on the kind of fuels drivers have to use make it hard to find substitutes from other parts of the shortages drive prices higher and the so called middle man from oil to the pump. we don't have a lot of them and in california no new ones created in decades and still, national pump prices were higher than this time last year and the average price for a gallon of gas in the u.s. rose less than 1/2 a cent over the past two weeks and prices actually fell from 3 to 12 cents in most markets, except the west. for a while, you may need gold to
and host of bulls and bears brenda buttner here to say why. >> reporter: harris, what goes up, must come down. doesn't feel that way at the pump but you may be surprised in the next few weeks, so much so that october's peak average of 3.86 a gallon may fall by 50 cents by the end of next month. the best sign of that? wholesale prices are falling fast in some markets for more than four bucks to nearly 2.50 a gallon. typically when hole sale drops, so do the prices you pay after a bit of a lag. what could fuel the plunge in gas prices? inventories are up and demand is down. usually memorial day weekend is a yearly high, but prices have been in overdrive since then. in part because of shortages in supply and refinery troubles, especially in the west and the midwest. those problems with production are waning, although california remains a hot spot with some stations still hitting up consumers for more than five bucks a gallon. that's the exception, however. prices are heading lower on average nationwide, but drivers shouldn't count on less pain at the pump. what could stall the fall? uncerta
season. in new york brenda buttner, fox news.
and anchor of bulls and bears, brenda buttner. >> harris, yes, big time earnings out this week. but two other events could steal the spotlight on wall street and keep investors on the sidelines. friday, we get the october jobs report. expectations are about 120,000 jobs were created this month. that is hardly good. not even enough to keep up with population growth. but whatever the number, better or worse, it is as political as it is economic. coming out just four days before the presidential election, almost certain to have an influence on the outcome. now, normally, with earnings out, wall street sees lots of swings, especially since high profile companies such as apple and dupont have disappointed. and that's likely taken a toll on your 401(k). the broad market, part of many retirement accounts, was down nearly 2% last week alone. of course, it's storm season as well as earnings and delex season and wall street will have to deal with super storm sandy as will millions of us, it could cost billions, not only in repairs and other costs, but in lost business travel and revenue. but because so
york, brenda buttner, fox news. >>> turning to weather now and look outside. the commute, boy, things here, at least, moving slowly. >> and some showers depending on where you are and we're seeing the rain, other people are not. >> and we're going go to the radar to see. what happened, we didn't have much sunshine and this front has been stubborn. it's held up to the west of the bay. and with sunshine, we have seen the showers and thunderstorms popping up. and they are fairly significant, too, it looks like. they move to the north- northeast, very little movement to the east, and we're expecting some very, very heavy rain here and they will continue, it looks like, for the next two to three hours or so as they slowly march with the front on off to the east and to the northeast. the temperatures right now, can you see with the sun breaking through, we jumped into the 70s. pretty much areawide, except along i-81. notice the temperatures for hagerstown and martinsburg and winchester, the temperatures are only in the 60s with the slightly cooler air behind the frontal system. in terms of
the presidential pitches the job creators still have a whole lot of questions. brenda buttner joins us with details. hi, brenda. >> shannon, you would think that the presidential candidates would be trying to reach small biz owners who are beg-time job creators. the businesses aren't hearing what matters most to them. that is the word from a just released monthly poll. they are eager to know the differences in the candidates positions on healthcare, access to capital and, of course, the economy. the survey suggests these are more important than who gets an extension of the bush era tax cuts. according to the poll, neither candidate has really said enough about the real cost of obama care. plus the credit crunch for small business is another big worry for owners. the only way to hire and invest is typically through loans from banks. small biz loans only increased short of just about 7 billion bucks. perhaps the more important bottom line but the potential bottom line. the october survey shows they are a lit less confident about the forays the election nears and in last month's is survey it seems tha
in america? senior correspondent brenda buttner takes a look. >> small businesses cut back on hiring over the summer' cording to a new report. the national federation of independent business says the net change in employment per firm over the three months ending in september was worse than the july and august readings. the negative result shows sleetly more firms cut workers than the share of firms who added staff. manufacturing the only sector to report a substantial job gain. small business was a big topic during the first presidential debate. >> small business people have decided that america may not be the place to open a new business. >> governor romney and i do share a deep interest in encouraging small business growth. >> a pnc financial services group survey shows small to medium sized firms lowered staffing plans for the future. companies with annual revenues between $100,000 to $250 million, 26% expect to add new employees over the next six months. down from the 28% oh from the spring survey. worries about the economy future explain a lot of reluctance to hire. nearly 60% of bus
-shocked from the most recent crash. take another look. brenda buttner our senior business correspondent. what is the deal with october? >> we have seen a lot of crashes 1929, 1989 and 2008 there was meltdown. halloween because it gets cold. maybe it's just a coincidence. if you look at the last 20 years october is the third best month of the year. so you see crashes then but crashes are different than long term. >> gregg: all right. we are still mired in a slow if not stagnant recovery. it really feels to most americans like a recession, like a deep recession. let's put the economic snapshot on the screen. 23 million unemployed, economic growth is 1.3% and trending downward. gas prices has doubled in the last few years. 47 million people on food stamps. that is record. and of course $16 trillion in debt. yet, brenda the stock market is reaching toward new highs on what is essentially the fourth anniversary of the financial crisis. how can that be? >> it is. couple things, stock market is supposed to be leading indicator. things may get better depending on who is elected. there is something ca
positive words small businesses haven't feeling good about the economy. brenda buttner has the details. >> the mood of small business owners is pessimistic. they won't likely work hard to hire more workers soon. that's the word from the hartford insurance group providing insurance to a million small businesses. one out of three are optimistic the economy will strengthen this year. that fear about the future is keeping them from putting out help wanted signs. small businesses are not keen on hiring. nearly two-thirds of those surveyed said they didn't add any workers this past year and 70% do not plan to hire in the next 12 months. more than half are trying to keep their current sales and employees. what are the top three reasons small business owners give for the lackluster look? the biggest concern, slow economic growth, taxes and uncertainty of red tape and regulations. three out of four expect tear taxes to go up and they'll make it up by not hiring. 38% have to slash staff. all this does not bode well for the labor market. the small business administration says small business owner
. just how much are we talking about here? joining us is business correspondent, brenda buttner. the thing i think about the most is, when people lose electricity you are talking about homes but businesses, when businesses lose power, they also lose the power to do business, right? >> absolutely. you think as homeowners we are most concerned. you and i live in new jersey and they are expecting ten sen to ten days of power outages. even for people that haven't felt it before. we aren't able to get to work often and businesses are not able to. they lose power and not able to conduct business. that is lost tax revenue. that is huge. a lot of people are taking about billion dollars, 60 million people are affected. >> gregg: i walked into a retail store on my way to work, they are shutting down early today. maybe not open on tuesday because we won't have any retailers or purchasers, or shoppers. >> unless you are looking for flashlights or candles which is absolutely impossible. >> maybe more of lost retail? >> that is huge. and then business travel. all the subways shut down here. t
? >> first, let's check in with brenda buttner for a look what's coming up on the cost of freedom business block. >> hey, guys, good morning. just over one month until the election and your job is job one here at the cost of freedom. the unemployment rate may be falling, but job creation still falling. we're significanting out which man has the brand to get the job market really rolling and forget about rolling, we're speeding towards that fiscal cliff. but not one question about it during the first presidential debate. and time for taxpayers to start worrying big time? cost of freedom at the top of the hour. we'll see you then. >> the commission today after a fallen navy lieutenant. >> i'd say christening, but it's commissioning of course. and anna kooiman is in new york city with the big event. >> at michael murphy, a magnificent navel destroyer named after a 29-year-old american had your if i, michael murphy, killed during a fire fight going down as history the single deadliest day of navel warfare since world war ii. a long island native and navy seal the first american to be awarded
Search Results 0 to 37 of about 38 (some duplicates have been removed)